Property Purchase Taxes in Portugal
IMT, Stamp Duty and other costs — complete guide with current 2025 rates
IMT Calculator
Calculate property transfer tax in Portugal
This calculation is for reference only. For accurate calculations, please consult a specialist. Rates are current as of January 2026.
What You Need to Know
When purchasing property in Portugal, the buyer pays several taxes and fees. The main ones are IMT (property transfer tax) and Imposto do Selo (stamp duty). IMT rates depend on the property value and purchase purpose: primary residence or investment.
Since August 2024, there's an exemption for young buyers under 35 — complete IMT exemption when purchasing first home for permanent residence up to €324,058.
IMT — Imposto Municipal sobre Transmissões
Property Transfer Tax
IMT is a progressive tax with rates depending on property value and purchase purpose. Rates for primary residence are lower than for secondary homes or investments.
Primary Residence Rates (2025)
| Property Value (€) | Marginal Rate | Approx. IMT |
|---|---|---|
| Up to 104,261 | 0% | €0 |
| 104,261 – 142,618 | 2% | up to €767 |
| 142,618 – 194,458 | 5% | up to €3,359 |
| 194,458 – 324,058 | 7% | up to €12,431 |
| 324,058 – 648,022 | 8% | up to €38,348 |
| 648,022 – 1,128,287 | 6% (flat) | up to €67,697 |
| Above 1,128,287 | 7.5% (flat) | from €84,621 |
Secondary Home / Investment Rates
| Property Value (€) | Marginal Rate |
|---|---|
| Up to 104,261 | 1% |
| 104,261 – 142,618 | 2% |
| 142,618 – 194,458 | 5% |
| 194,458 – 324,058 | 7% |
| 324,058 – 621,501 | 8% |
| 621,501 – 1,128,287 | 6% (flat) |
| Above 1,128,287 | 7.5% (flat) |
Other Property Types
Rural Property
5%
Commercial
6.5%
Offshore Buyer
10%
IMT Jovem — Young Buyers Exemption
Updated in 2026
New 2026 Limits
On January 9, 2026, parliament approved increased IMT Jovem limits. Full exemption now up to €330,539 (mainland) and €413,174 (islands).
Age: Under 35
At the time of purchase
First purchase for permanent residence
Cannot rent out for 6 years
Full exemption: up to €330,539
Mainland — IMT = €0
Partial exemption: up to €397,266
Mainland — 8% rate only on amount above threshold
Islands (Madeira, Azores): +25% to limits
Full exemption up to €413,174
Stamp Duty exemption included
Additional 0.8% savings
| Exemption Type | 🇵🇹 Mainland | 🌴 Islands |
|---|---|---|
| Full exemption | €330,539 | €413,174 |
| Partial exemption | €397,266 | €496,583 |
Example: A 32-year-old buyer purchases their first apartment for €320,000 as primary residence. Savings: ~€12,000 on IMT + €2,560 on Stamp Duty = €14,560
Imposto do Selo — Stamp Duty
Fixed Rate
0.8%
of property value (or tax assessment VPT, if higher)
Paid at the notary when signing the deed. This is a fixed fee that doesn't depend on purchase purpose or property type (except for young buyers exemption).
Other Purchase Costs
Notary Fees (Emolumentos notariais)
Varies depending on property value and chosen notary office.
€300 – €700
Land Registry (Registo predial)
Via notary: €225-400. Via Casa Pronta (government office): ~€375.
€225 – €400
Tip: you can save by going directly to Casa Pronta
Lawyer Fees
Recommended but not legally required. Typical cost: fixed fee or % of transaction.
€1,000 – €2,000
Total: Estimated Purchase Costs
General formula:
IMT + 0.8% + ~€1,500 fixed costs
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IMT rate tables for 2025 and 2026 in a convenient format. For calculations and sharing.
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